Can Bitcoin Escape the Bear Market? The Moment of Truth Has Arrived
Just over 300 days since the bear market began at the $126K top, the $BTC price has another chance to pierce through the bear market trendline.
Gold and silver had their best week of 2026 while Bitcoin barely moved.
Bitcoin hovered around $65,000 Friday, while Ether traded near $1,903 and the broader crypto market stayed mostly flat ahead of US jobs data. US payrolls fell by 23,000 in July versus an expected 83,000 gain, while unemployment slipped to 4.1%, strengthening expectations the Fed will hold rates at 3.50% to 3.75% in September.
August 7, 2026, 1:15 pmThe miner sold 2,213 BTC and later pledged 18,750 BTC, while the differently dated collateral pools cannot be reconciled.
August 7, 2026, 12:50 pmJust over 300 days since the bear market began at the $126K top, the $BTC price has another chance to pierce through the bear market trendline.
BIP-110 has attracted only a sliver of miner support, yet its user-activated design means the proposal continues toward its activation date and (most likely) beyond.
Bitcoin valuation-line shifts equaled 87% of the reversal in magnitude, while Sandersville still needs substantial capital.
Your day-ahead look for Aug.
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.
We asked our newsletter readers whether quantum computing would be able to break Bitcoin by 2035. Last week, on July 28, an AI model that has not been publicly released found a flaw in a post-quantum signature scheme that two years of human review had missed. No quantum computer was involved here.
BIP-110's author told users to abandon Bitcoin Core.
Mining supplied roughly 95% of Q2 reserve growth, while first-half operations and Bitcoin purchases used $129.1 million in cash.
Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.